The post Tom Lee’s Ethereum treasury BitMine now holds $8 billion in Ether and Bitcoin appeared on BitcoinEthereumNews.com.

Key Takeaways BitMine now holds 1.71 million ETH and 192 BTC, bringing its total crypto and cash assets to $8.8 billion. BitMine is the world’s largest ETH treasury and the second-largest global treasury overall, supported by major institutional investors. BitMine Immersion Technologies, the world’s biggest Ethereum treasury led by Thomas “Tom” Lee, reported on Monday that its balance sheet reached $8.8 billion as of August 24, with 1.7 million ETH, 192 Bitcoin, and more than half a billion in cash. Following a market dip that sent Bitcoin below $111,000 and Ether to about $4,600, the value of BitMine’s digital assets has eased to roughly $8 billion. The company remains the largest corporate holder of ETH, well ahead of peers such as SharpLink Gaming and Bit Digital. The company’s Ethereum reserves grew by 190,500 in a week, up from more than 1.5 million previously reported. BitMine’s Bitcoin holdings stayed unchanged at 192 units, according to the report. “This is the second week that BitMine has been able to raise capital from institutional investors at this pace, as we pursue the ‘alchemy of 5%’ of ETH,” said Lee in a statement. As of August 24, 2025, BitMine shares averaged $2.8 billion in daily dollar volume over five sessions, ranking it alongside the market’s most traded stocks, trailing Coinbase but surpassing JPMorgan and Palo Alto Networks. “We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” Lee added. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.” Not only strengthening its lead as the top Ethereum treasury, BitMine also holds the spot as the world’s second-largest crypto treasury behind Strategy, which owns 629,376 Bitcoin worth $71 billion.…

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Filed under: News - @ August 25, 2025 12:27 pm